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AI revenue in APAC to hit almost USD$30 billion by 2024 - report
Unified Communications

AI revenue in APAC to hit almost USD$30 billion by 2024 - report

GlobalData has today revealed that the revenue of AI platforms will grow at a compound annual growth rate (CAGR) of 26.8% between 2019 and 2024.

By Staff Writer • 3 min read • Wed, 15th Apr 2020
Research: ANZ AI market to grow nearly 30% by 2024
Unified Communications

Research: ANZ AI market to grow nearly 30% by 2024

Analyst firm GlobalData says that revenue across APAC will grow to US$29.3 billion by the same year, driven by growing government acceptance.

By Staff Writer • 3 min read • Wed, 15th Apr 2020
COVID-19 highlights need for instant, real-time payments - GlobalData
Marketing Technologies

COVID-19 highlights need for instant, real-time payments - GlobalData

COVID-19 lockdowns are driving the demand for instant real-time payments, with GlobalData predicting over half a trillion transactions within five years.

By Staff Writer • 2 min read • Tue, 14th Apr 2020
COVID-19 pressure on business escalates
Health Technologies

COVID-19 pressure on business escalates

More than two thirds of organisations fear the COVID-19 pandemic will have a negative impact on their business.

By Shannon Williams • 3 min read • Tue, 31st Mar 2020
Deep learning seeing widespread adoption in APAC region
Unified Communications

Deep learning seeing widespread adoption in APAC region

Deep learning is driving AI growth in the APAC region, with the market expected to account for 30% of global AI revenue, USD $97.5 billion by 2024.

By Staff Writer • 3 min read • Fri, 27th Mar 2020
Vocus to resell Zoom products in ANZ as demand for remote tools soars
Unified Communications

Vocus to resell Zoom products in ANZ as demand for remote tools soars

Demand for remote team collaboration tools is surging on an unprecedented scale, and businesses like Zoom are struggling to keep up with demand.

By Staff Writer • 2 min read • Fri, 20th Mar 2020
IT sector leads S&P 500 charge - GlobalData
Health Technologies

IT sector leads S&P 500 charge - GlobalData

The IT industry did well in the S&P 500 index, where the industry accounted for 14.2% of the index constituents as of 31 January this year.

By Staff Writer • 2 min read • Mon, 16th Mar 2020
ICT spending in UAE to reach US$23bn by 2024
Data Analytics

ICT spending in UAE to reach US$23bn by 2024

The UAE's ICT spending is set to soar to USD $23bn by 2024, driven by digitalisation and booming tech adoption sectors, per GlobalData's latest research.

By Shannon Williams • 3 min read • Fri, 13th Mar 2020
APAC jumps on quantum computing bandwagon
Quantum Computing

APAC jumps on quantum computing bandwagon

Asia-Pacific nations are ramping up investments in quantum computing, aiming to rival US and European efforts, says GlobalData.

By Shannon Williams • 3 min read • Tue, 3rd Mar 2020
The tech on the frontlines of the fight against COVID-19
Robotics

The tech on the frontlines of the fight against COVID-19

GlobalData explains how emerging technologies are being deployed to help keep the spread of the virus in check.

By Ben Moore • 3 min read • Mon, 2nd Mar 2020
GlobalData: Wipro shows no sign of slowing after banner year
Artificial Intelligence

GlobalData: Wipro shows no sign of slowing after banner year

With 2019 seeing a series of good fortune and success for the IT services company, GlobalData's insights say sentiments are looking up.

By Staff Writer • 3 min read • Wed, 26th Feb 2020
Revealed: Top gaming trends as industry grows rapidly
Gaming

Revealed: Top gaming trends as industry grows rapidly

The gaming industry is booming, set to reach USD$305 billion by 2025. Cloud gaming, esports, VR, and 5G technology are leading the charge.

By Nick Forrester • 3 min read • Tue, 18th Feb 2020
Private equity deals in tech sector hit $11.79bn
Verint

Private equity deals in tech sector hit $11.79bn

Private equity deals in the global technology sector surged to USD $11.79 billion in December 2019, a 17.05% increase from the previous month.

By Shannon Williams • 2 min read • Thu, 13th Feb 2020
Apple still owns growing wearables market, says GlobalData
Wearables

Apple still owns growing wearables market, says GlobalData

While many consumers cannot afford the latest Apple Watch, there is an untapped demand for cheaper smartwatches.

By Ben Moore • 3 min read • Thu, 13th Feb 2020
Industrial automation technology growing in popularity with enterprises
Manufacturing

Industrial automation technology growing in popularity with enterprises

Enterprises embrace industrial automation to slash costs and boost efficiency, with innovations like AI, robotics, and digital twins, asserts GlobalData.

By Catherine Knowles • 3 min read • Thu, 13th Feb 2020
Computer vision tech market unchallenged by controversy
Semiconductors

Computer vision tech market unchallenged by controversy

GlobalData reports that the global computer vision market will continue to head upwards, even in the face of fears around facial recognition.

By Ben Moore • 2 min read • Wed, 12th Feb 2020
M&A deals drop nearly 50% in one month, GlobalData report shows
Unified Communications

M&A deals drop nearly 50% in one month, GlobalData report shows

Merger and Acquisition (M&A) deals have totalled $17.03 billion globally in December 2019, according to new research from GlobalData.

By Catherine Knowles • 2 min read • Tue, 4th Feb 2020
Coronavirus scare is already hitting tech market
Supply Chain

Coronavirus scare is already hitting tech market

GlobalData outlines the ways that China's corporate shutdowns may have far-reaching effects for the global technology economy.

By Ben Moore • 4 min read • Mon, 3rd Feb 2020
Cyber criminals exploiting coronavirus fears
Malware

Cyber criminals exploiting coronavirus fears

Cyber criminals are exploiting fears surrounding the current outbreak of coronavirus in an attempt to launch theft malware.

By Shannon Williams • 2 min read • Mon, 3rd Feb 2020